how many franchises does pizza hut have

Who owns the most Pizza Hut franchise?

The chain headquartered in Plano, Texas, operates 17,639 restaurants worldwide as of 2020, making it the world's largest pizza chain by number of locations. It is owned by Yum! Brands, Inc., one of the world's largest restaurant companies....WingStreet.TypeWholly owned subsidiaryParentYum! Brands7 more rows

Does Pizza Hut have franchises?

Franchise Description: The franchisor is Pizza Hut, LLC (PHLLC). PHLLC's corporate parent is YUM! Brands, Inc. The franchise is for a business that operates Pizza Hut restaurants offering primarily pizza, pasta and other Italian-style food items and WingStreet chicken products and side dishes.

How much profit does a Pizza Hut franchise make?

Based on the average sales provided by Dine-in Pizza Hut's franchise locations, at an average of a 15% profit margin it will take around 9 years to recoup your investment.

How many Pizza Huts are there in the world 2022?

We have more than 18,000 restaurants in over 100 countries.

How much does a Pizza Hut owner make a year?

The average Pizza Huts store generates $714,000 sales per unit on average. The entire system makes $3.5 billion average sales in revenue per year. Each franchisee will average around $100,00 profit overall after all expenses.

How much is a Pizza Hut franchise cost?

Pizza Hut has a franchise fee of $25,000 for a 20-year agreement, although the total initial investment ranges between $297,000 and $2,109,000. Additionally, franchisees must pay the company ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national marketing efforts.

What is the cost of a Starbucks franchise?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

How much is a Domino's franchise?

Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.

What is the cost of McDonald's franchise?

Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.

Which state has the most pizza Huts?

Number of Pizza Hut stores in the United States in 2022 The state with the most number of Pizza Hut locations in the US is Texas, with 874 stores, which is about 13% of all Pizza Hut stores in the US.

Which city has the most pizza Huts?

Top 10 cities with the most number of Pizza Hut locations in United StatesCity NameCity StateCity Total LocationsHoustonTEXAS86San AntonioTEXAS55MiamiFLORIDA42Las VegasNEVADA416 more rows•Apr 22, 2021

How many Domino's pizza in the world?

Since then, Domino's International has extended its global reach to include more than 90 international markets serviced by more than 19,200 stores.

How much does Domino's franchise cost?

Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.

How much does Papa John's franchise cost?

Papa John's Franchise Cost / Initial Investment / Papa John's Franchise Income. The estimated initial investment required to open a standard Papa John's pizza franchise is $130,120 to $844,420, including a franchise fee of $25,000.

How do you open a Pizza Hut outlet?

The initial franchise fee would be 25 thousand USD or nearly 14 lakh rupees as per the present conversion rates. Additionally, you will have to pay an annual 6.5% royalty on your profit.

What is the cost of a Starbucks franchise?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

How much does a Pizza Hut franchise make?

Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 5953 franchised Pizza Hut locations in the USA.

When did they begin franchising?

They began franchising in 1959. The average Pizza franchise began franchising in 2006.

How much does Pizza Hut franchise cost?

Pizza Hut has a franchise fee of $25,000 for a 20-year agreement, although the total initial investment ranges between $297,000 and $2,109,000. Additionally, franchisees must pay the company ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national marketing efforts. To purchase a franchise, interested parties must have a net worth of at least $700,000, with at least half of that amount available in liquid assets.

How many Pizza Hut restaurants are there in the US?

Frank and Dan Carney founded Pizza Hut in Wichita, Kansas in 1958. Since this time, Pizza Hut has grown exponentially. The restaurant chain now has over 6,000 restaurants in the United States, plus another 5000-something abroad in nearly 100 other countries.

What is Pizza Hut?

Pizza Hut is a leading American restaurant chain. Though pizza is unsurprisingly the most ordered food item on the menu, the menu also features a wide selection of pasta, wings, sides, desserts, drinks, and calzones. Customers love Pizza Hut’s reliable quality and prices, and the brand has established quite a reputation for itself as a result.

Where is Pizza Hut training?

Currently, Pizza Hut is particularly focused on building and growing franchises in New York, Massachusetts, Washington D.C., Rhode Island, and New Hampshire.

Is Pizza Hut a franchise?

Pizza Hut is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $400,000 .

How much does it cost to buy a Pizza Hut franchise?

The total investment to buy a Pizza Hut franchise ranges from $297,000-$563,000 and offers a number of different business models from which to choose. The most cost effective is the In Line/End Cap “Delco” Delivery / Carry Out Restaurant. You can refer to Pizza Hut's Item 7 of the FDD for the estimated initial investment for other business models. Pizza Hut franchisees must be "hands-on" with the business.

How long does it take to get a pizza hut certified?

The training program ranges from 8 – 12 weeks and is conducted in a certified training restaurant in Dallas, TX. Pizza Hut pays for the cost of the training. Franchisees are responsible for all other costs including travel and lodging of the management team. Please refer to Item 11 of the FDD for specific information.

What is the largest pizza company in the world?

What started out as a small pizza place in 1958 is now a pizza restaurant powerhouse. Pizza Hut is the largest pizza company with more than 6,300 restaurants and 125+ franchise owners and is under the umbrella of Yum’s restaurant brands which also includes KFC and Taco Bell.

What is Pizza Hut?

Pizza Hut, a subsidiary of Yum! Brands, Inc., delivers more pizza, pasta and wings than any other restaurant in the world. The pizza restaurant began 58 years ago in Wichita, Kansas, when two brothers borrowed $600 from their mom to start a pizzeria. What started out small has become the biggest pizza restaurant in the world and today operates more than 16,000 restaurants in more than 100 countries serving innovative pizzas, traditional favorites like the signature Pan Pizza, and much more. Pizza Hut also is the proprietor of the BOOK IT!® Program, which is a long-standing children's literacy program used in more than 630,000 classrooms nationwide.

Is Pizza Hut a subsidiary of Yum?

Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), delivers more pizza, pasta and wings than any other restaurant in the world. Overview.

Is Pizza Hut accepting new franchisees?

While Pizza Hut is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

How much does a Pizza Hut franchise cost?

How much does Pizza Hut franchise cost? Pizza Hut has the franchise fee of up to $25,000, with total initial investment range of $302,000 to $2,185,500.

What is Pizza Hut?

An error occurred while retrieving sharing information. Please try again later. Pizza Hut is an American restaurant chain and international franchise founded in 1958 by Dan and Frank Carney . The company is known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts.

Is Pizza Hut a subsidiary of Yum?

Pizza Hut has 16,796 restaurants worldwide as of March 2018, making it the world's largest pizza chain in terms of locations. It is a subsidiary of Yum!

How many pizza restaurants does Yum have?

Brands, Inc. (NYSE: YUM) is the world's largest pizza restaurant company with more than 6,200 restaurants in the United States and more than 4,000 restaurants in 100 other countries. Pizza Hut has been making pizza America loves for 50 years, serving Pan Pizza, Thin and Crispy ®, Veggie Lovers ®, Meat Lovers ® and more.

How many locations does WingStreet have?

With more than 1,000 locations, WingStreet is the largest delivery wing chain.

Is Wingstreet a subsidiary of Yum?

WingStreet, a subsidiary of Yum! Brands, Inc., is constantly expanding its presence within Pizza Hut restaurants across the country. Whether it's bold and spicy or sweet and mellow, WingStreet makes the wings to match your taste. Since 2003, our award-winning wings have been a customer favorite, and now, with more than 1,000 locations, intense taste is closer than ever. You don't need to leave the house to enjoy our selection of wings and sides. WingStreet is proud to be the largest delivery wing chain, serving eight intense wing flavors in bone-in, bone-out and traditional style that can be enjoyed as a meal or side item.

Who owns Pizza Hut?

Pizza Hut is owned by YUM! Brands, a parent company that also operates leading quick service restaurants KFC and Taco Bell. YUM! Brands had over 50 thousand units worldwide in 2020, with Pizza Hut operating the second-most restaurants behind KFC. With around 17.64 thousand restaurants in 110 countries, Pizza Hut has a greater number ...

How much did Pizza Hut lose in 2020?

Although the pizza chain managed to hold on to its ranking in the global pizza market, Pizza Hut's annual revenue decreased in 2020, dropping to a little over one billion U.S. dollars from 1.03 billion U.S. dollars the year before. One of the reasons for this could be the strong growth of Domino’s Pizza, which reported a global revenue ...

How much revenue does Domino's have in 2019?

One of the reasons for this could be the strong growth of Domino’s Pizza, which reported a global revenue of around 3.6 billion U.S. dollars in 2019 – an increase of around six percent on the previous year.

When did Pizza Hut open?

Pizza Hut began with two brothers, Frank and Dan Carney, borrowing $600 from their mom to start a pizzeria in Wichita, Kansas. The first Pizza Hut opened its doors in 1958. The first franchised location opened in 1960 in Topeka, Kansas. Today, Pizza Hut has locations throughout the world serving pizza, pasta and wings.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

How long is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.